Palma de Mallorca, Balearic Islands, Address available on request

Details :- Reference: PVOD-T4. 2 * Hotel for sale due to the owner's retirement.<br />Arenal ZONE- Playa de Palma with 34 rooms, 56 places in Hosteleras. Open all year round with an occupancy of 80/90%.<br />Fully assembled and equipped. It enters mature areas, it can be remodeled to 4 * and go up 1 more floor.<br />It is currently run by the family.<br />The land where it is built is also classified as multi-family land.<br /> Sale price € 2,200,000 negotiable.<br />Currently it gives a profitability of 6%.<br />DEMONSTRABLE With another operator possibility of 7/8% profitability. Society is sold.<br />Possibility of making horizontal division and transforming them into tourist apartments or FLATS FOR SALE.<br />Hotel, leisure and multi-family land.<br />Great opportunity.